#FOMCMeeting #BTC
On several occasions, the cryptocurrency recorded increases of up to 7 or 8% in just a few days, followed by similar declines. This demonstrates that its price has been reacting intensely to macroeconomic and geopolitical events. Therefore, it is difficult to anticipate how traders are positioned ahead of tomorrow's decision.
If we base it on past events, a predictable outcome usually does not provoke significant movements. Any surprise, on the other hand, could generate a domino effect on Bitcoin and the rest of the market.
And later?
Expectations for a rate cut in September are increasing, not just on Polymarket. If that decision coincides with favorable news regarding tensions in the Middle East and trade conflicts fueled by Trump's tariff war, the crypto industry could face a clearly bullish fourth quarter.
